the consensus is in terms of our experts stating to purchase to hold to sell the stock all the scores where it’s come from Etoro Starting Questions…
so i think there’s a lot of curiosity about i do get a great deal of questions asking me about the platform so i believed i would do a fast video just taking you through the pros and cons the things that i think are excellent about the platform and the things i believe are bad about the platform and then you can decide on whether you want to try let’s dive straight in so the very first huge pro for me is the fact that they have analyst ratings and research study i absolutely love this it’s got an entire page for each of the stocks just informing you what experts are saying and doing about the stock so you can see here for example on johnson and johnson what it looks like it offers you the cost targets that they believe it
will reach um what so you can see here like citigroup morgan stanley um the hedge fund activities where the hedge funds are purchasing or selling and the insider deals also so it just shows you whether experts have actually purchased the shares um over the last few months or not i believe this is absolutely excellent and shown in a really easy format so for me this is a big plus for the platform a second big plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective but i think this reduces your foreign exchange danger so in theory you might simply top up a bigger amount when the currency remains in your favor and simply hold the cash waiting to invest it for a lot of the platforms you have to pay the fx charges every time that you make a deal whereas here that doesn’t occur you simply pay the fx fee
What is social trading?
when you top up and when you withdraw and transform back to your own currency this obviously works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my viewpoint is that it provides you access not simply to stocks however likewise to products and cryptocurrency obviously this isn’t really something that newbies ought to dabble in however it does have that alternative for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can literally enter and speak with people talk about post see what individuals are publishing about each private stock nearly have like conversations about it and you can in fact look at individuals’s portfolios so you can go into anybody’s profile click their portfolio and see what they are purchasing consisting of the popular traders you can see the profits they have actually made and everything it is really transparent and i believe it’s truly excellent because you typically get like notifications saying thus lots of people are speaking about tesla today like see all the posts
here and it’s truly cool just to see what people are believing the next pro of the platform is in my opinion the copy portfolios so they have 2 alternatives i think i have actually discussed before you can either copy specific individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve spoken about this before however they have a renewable energy portfolio which simply holds loads of renewable resource stocks it’s kind of like an etf in my viewpoint um it’s truly cool and i believe it’s a huge plus of the platform because they’ve got loads of various themes of these portfolios um that you can select from so that’s a big plus for me the final pro from my point of view is it’s simply got a really nice layout dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have an actually truly great desktop version it looks really clean easy to use i didn’t actually have any concerns with finding out what to do i like that for each stock you can enter and see everything in one place you know you can click
on the chart you can click on the research study you can click on the news and it will simply tell you all the news about that specific stock it’s really cool and likewise your portfolio just looks really nice and tidy and really has a great deal of information on the main portfolio page which i actually like now for the cons i believe there are 3 main cons in terms of in my opinion clearly they’re not ones that have put me off using the platform um you understand i have actually done portfolio updates i use them myself but ones to be familiar with the very first one i think it is a bit too simple to trade cfds so due to the fact that the cfd platform and the regular trading platform are incorporated into one it makes it rather easy for people to trade cfds now they do put
warnings in place and it’s not like you can just click a button and mistakenly open a cfd which is truly excellent and that’s practically among the primary factors that i do utilize them so it’s not actually something to stress over inadvertently doing but i generally believe that a great deal of the platforms that offer cfds need to make it even harder to open cfds for retail investors i know many individuals who have actually lost rather a great deal of cash um not on actually but still trading cfds so i believe usually there must most likely be a bit more it’s going to state guideline however simply typically a bit more like a few more
hoops to jump through if you will um to open a cfd trade secondly the charges so this is something that comes up a lot when i talk about is individuals grumbling about the charges now yes whilst you may compare to certain platforms that have lower charges there are also loads of platforms that have much higher costs so roundabouts and swings truly all of it depends upon the big picture um they have a five dollar withdrawal cost is that truly that much perhaps if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes perhaps that’s a lot but if you’re investing long term and you’re only going to be getting like a thousand pounds at a time then does it actually matter most likely not so simply weigh that up um when you when you look at it there’s a few other charges on their cost page however normally the real investing into stocks is commission complimentary so once you’ve topped up you can do as many transactions as you desire in terms of purchasing underlying properties without paying extra fees and lastly the last con from me is the portfolio history so i find it a little bit difficult to find out sort of what i’ve invested where i need to go into each specific stock just to see when i have actually invested into it and just how much instead of seeing that on my portfolio history the only thing that i can see on the history is the top-ups an.
the copy trading um so i ‘d truly like to see all of the investments if possible and also i’ve still not truly determined the dividends and how that shows up so that possibly resembles a little a 50 50 for me not quite sure yet to see this space that’s pretty much it if you have an interest in giving them a go i do have a recommendation link down below that you can use and you do not even have to top up you can just use the virtual portfolio at first simply to see what you believe find out the platform and then decide on whether you want to utilize it or not so i ‘d love to understand your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.